With the new financial year, the burden of taxes was added: From today, these seven sectors will become more expensive for consumers
-
Media Baaji
- Fri, 17 July 2026
Kathmandu. The government is going to implement new taxes and additional charges on various goods and services from the beginning of the new financial year i.e. from 1st July. With the aim of strengthening internal revenue collection and raising financial resources, the tax scope has been expanded in seven main areas such as education, health, electricity, gold and silver, ride sharing, casino and deluxe hotel-resort.
The direct impact of this new tax policy has been seen from the general public to various businesses, so that it is certain that even the basic services of daily consumption will become more expensive in the market. It has been analyzed that the monthly budget of the middle class families of the country will be greatly affected due to the added tax on sensitive and essential services, especially education, health and electricity.
According to the new arrangement, private educational institutions will now have to pay an additional 3 percent tax on the monthly fees they collect from students.
Related News
Government's decision to give 50% customs tax exemption on import of petroleum products
Kathmandu. The government has decided to provide a 50 percent discount on customs duty and infrastructure development tax on the importation of petrol, diesel and kerosene. Federal Affairs and General Administration Minister Pratibha Rawal has inf...
What is the foreign currency exchange rate on Sunday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Sunday. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 142 rupees 88 paisa and the selling rate is 143 r...
The south side of Sainik Manch is being greened at 27 million
Kathmandu. The Metropolitan Corporation has prepared to plant ``Varmudha Grass'' worth Rs.
According to Arjun Aryal, Senior Engineer of Kampa Public Works Department, the plan has been put forward to organize an open space for th...
What is the exchange rate of which foreign currency on Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 81 paisa and the selling rate is 147 rupees 41 paisa. Similarly,...
National Life gave 1 day training to agents in Pokhara
Kathmandu. National Life Insurance Company has provided 1 day training to its agents. Kazim Raza, a well-known trainer in the insurance sector, provided training to 185 agents working in all branch offices of Gandaki province and some branch offic...
Riders of Pathao and Indrive must take mandatory PAN
Kathmandu. The government has brought ride-sharing services such as Pathao and InDrive under the ambit of taxation and implemented a new legal arrangement related to Value Added Tax VAT.
The Internal Revenue Department has issued a public no...